The Renewables Infrastructure Group (LON:TRIG) Sets New 1-Year Low – Here’s Why

Posted by Kyle Jackson on Feb 21st, 2025

The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 75 ($0.95) and last traded at GBX 75.50 ($0.96), with a volume of 4000153 shares changing hands. The stock had previously closed at GBX 76.50 ($0.97).

The Renewables Infrastructure Group Stock Performance

The stock’s 50-day moving average price is GBX 81.51 and its 200-day moving average price is GBX 92.38. The company has a market capitalization of £1.80 billion, a price-to-earnings ratio of -48.45 and a beta of 0.22.

Insider Transactions at The Renewables Infrastructure Group

In other The Renewables Infrastructure Group news, insider Richard Morse bought 48,365 shares of The Renewables Infrastructure Group stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average price of GBX 83 ($1.05) per share, for a total transaction of £40,142.95 ($50,865.37). Corporate insiders own 0.08% of the company’s stock.

About The Renewables Infrastructure Group

(Get Free Report)

TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future.

TRIG’s diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe.